Indiana Code Title 23. Business and Other Associations § 23-1.3-9-1
Current as of June 08, 2021 | Updated by FindLaw Staff
Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
Sec. 1. A person may not, except in a benefit enforcement proceeding, bring an action or assert a claim against a benefit corporation or its directors or officers with respect to either of the following:
(1) The failure to pursue or create:
(A) general public benefit; or
(B) a specific public benefit identified in the benefit corporation's articles of incorporation.
(2) A violation of an obligation, duty, or standard of conduct under this article.
Cite this article: FindLaw.com - Indiana Code Title 23. Business and Other Associations § 23-1.3-9-1 - last updated June 08, 2021 | https://codes.findlaw.com/in/title-23-business-and-other-associations/in-code-sect-23-1-3-9-1/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?